Author:
Not much under the sun so a quick update. After a healthy correction that supported by the MA-50 (moving average 50 days – the blue line in the chart) we are posing the same – from above we have the $9,400 resistance area. If we break up, we’ll likely to face the $9,800 – 10K strong resistance. From the bear side – the $9,000 support.
BTC/USD BitFinex 4 Hours chart
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